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Category: Business

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Activists target Standard Chartered from all sides over fossil fuel links

Posters demand ‘red card’ for Liverpool FC sponsor as hoax website ‘announces’ end of UK bank’s support for coalMore than 50 billboards and bus stop adverts drawing attention to the Liverpool FC sponsor Standard Chartered’s links to the fossil fuel ind…

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Manchester City v Chelsea: bravura final battle is held up by healthy bottom line | Barney Ronay

These furiously evolving teams deserve their place in the final, but wealth of their owners and Premier League certainly helpsLes Anglais sont arrivés. Yes, it’s that time of the year again. The darling buds of May are, with all due sense of caution, b…

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Fans saw the Glazers’ money tricks 16 years ago but no one listened | David Conn

Premier League waved through a debt-loading takeover of Manchester United from which the family make fortunesIn 2005, a generation ago now, when supporters were first protesting against the pending takeover of Manchester United by the Glazer family, th…

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For women’s football being aligned with the men’s game comes at a price | Suzanne Wrack

Super League shambles shows the focus must not be on short-term gain even as search for sustainability goes onThe European Super League saga may, for now, be over but fallout from the shambolic breakaway attempt rumbles on.“As soon as practicable after…

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For women’s football being aligned with the men’s game comes at a price | Suzanne Wrack

Super League shambles shows the focus must not be on short-term gain even as search for sustainability goes onThe European Super League saga may, for now, be over but fallout from the shambolic breakaway attempt rumbles on.“As soon as practicable after…

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Liverpool accounts reveal £46m pre-tax loss and early impact of Covid crisis

Figures to 31 May 2020 include opening period of pandemic Media revenue down £59m in first three months of CovidLiverpool’s media revenue fell by £59m and match-day revenue by £13m in the first three months of the pandemic, the club’s latest accounts h…

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How JP Morgan and Jamie Dimon scored a spectacular own goal on the ESL

The bank and its outspoken CEO are no stranger to controversy but the ill-fated ESL plan perhaps is in another leagueThe European Super League (ESL) was touted as the only way for elite football clubs to “recover” from the coronavirus pandemic, and “ma…

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Olympic hero Simone Biles jumping to Gap’s Athleta brand in blow to Nike

Four-time Olympic champion ending six-year deal with NikeMove is blow to Nike, which has focused on womenswear space Biles to have own performance wear line and activist platformTwenty-five US athletes to watch at the 2020 Tokyo OlympicsSimone Biles in…

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Olympic hero Simone Biles jumping to Gap’s Athleta brand in blow to Nike

Four-time Olympic champion ending six-year deal with NikeMove is blow to Nike, which has focused on womenswear space Biles to have own performance wear line and activist platformTwenty-five US athletes to watch at the 2020 Tokyo OlympicsSimone Biles in…

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With the ESL, football fans have shown how to take on corporate power and win | Owen Jones

If popular outrage can have such a dramatic effect in football, then why not in even more consequential areas of life?If the age of There Is No Alternative has an ethos, it is this. Elected governments no longer have any levers to pull: their powers ha…

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Premier League’s ownership test faces scrutiny in government’s review

‘Fan-led review’ will examine need for independent regulatorSports minister: ‘We must capitalise on this momentum’A fan-led review into the governance of football after the collapse of the European Super League plan will look into whether the current o…

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After the Super League fiasco: five reforms that could save the game | David Conn

These changes could help to fix football, from fairer distribution of money to giving fans more powerThe fiasco of the botched European Super League plot has rebounded so overwhelmingly against football’s richest clubs that it has profoundly strengthen…

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Florentino Pérez: the emperor who wanted more but lost for once | Sid Lowe

The Real Madrid president had been working on the project for three years but it fell apart quickly and is now threatening his legacyThere was a moment during the first and last television appearance Florentino Pérez made as the figurehead of a project…

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‘It was like shouting into a hurricane’: how the Super League crashed

The seeds of the downfall came early as the breakaway’s enemies piled in and secrecy undermined the projectAs the last clubs crawled from the smouldering wreck of the European Super League, the £4.5bn competition that promised to turn football on its h…

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The European Super League is the perfect metaphor for global capitalism | Larry Elliott

From elite football to tech giants, our lives are increasingly governed by ‘free’ markets that turn out to be riggedBack in the days of the Soviet Union, it was common to hear people on the left criticise the Kremlin for pursuing the wrong kind of soci…

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Super League died but the cartel lives on: ‘back to normal’ will simply not suffice | Jonathan Liew

European football’s dirty dozen must not be allowed to slip back into their routines. Now is the time to get vindictiveThose of you with a taste for these things will have noted the irony: a competition designed to eliminate promotion and relegation in…

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European Super League will pour €400m into grassroots football, says new chief

Anas Laghari claims elite competition will reignite love of game and end ‘madness’ of big money transfersEuropean Super League: backlash builds against breakaway planThe Spanish banker who created the controversial new European Super League has promise…

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Supporters of the rich six can now see the price we’ve paid for success | Simon Hattenstone

Manchester City fans like me had the chance to vote with our feet, mouths and placards. We didn’t and now the Super League shows we’re irrelevantI’m tapping out a tweet to my football club, Manchester City, trying to make a case for why they shouldn’t …

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‘Preposterous arrogance’: Everton condemn ‘big six’ for Super League split

Everton accuse breakaway clubs of disenfranchising own fansOwner Farhad Moshiri says clubs ‘should be disciplined’Everton have fiercely condemned the six Premier League clubs pushing to join the European Super League, accusing them of preposterous arro…

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Premier League’s Big Six and why they want to join a European Super League

Each of the English clubs has its own particular ownership, motivation and financial situation that has led it to join the breakaway leagueThe bombshell that 12 top European clubs have joined a breakaway “super league”, presented as a fait accompli at …